The recently published global Neoprene Market research by Reports and Data is a comprehensive assessment of the industry with regards to top companies in the market, regional bifurcation, segments, sub-segments, market share, market size, price trends, and production consumption patterns. The report discusses in detail the key factors that may act as drivers and restraints for the industry growth during the forecast period.
The report offers strategic recommendations to established players and new entrants to overcome industry barriers and gain a strong foothold in the market. Each chapter of the report has been curated through extensive primary and secondary research to help clients take an informed market decision to achieve business growth.
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Market Overview:
Increasing consumer inclination towards sustainability and thus considering products based on criteria such as circularity and carbon footprint is expected to change materials and chemical market trends during in the coming years. The growing consumer concern about carbon emissions has prompted industry players to make investment in renewable energy, de-carbonization of transportation, and energy efficiency. These trends are expected to have a significant impact end markets for chemicals, notably in construction and automotive.
Increasing focus of the materials and chemical companies on adoption of de-carbonization technologies, re-examination of their assets, and diversification away from hydrocarbons to some extent will favor global Neoprene market growth during the forecast period.
Competitive Landscape:
The report provides an extensive assessment of the prominent companies operating in the materials and chemical industry to offer better insights into competition scenario on a regional and global level.
Rise in competition in the global market has led to increasing innovation and technological advancement in the materials and chemical sector to meet the rising demand of environmentally conscious consumers. Industry players in the Neoprene market are adopting the strategy of forward integration to cater increasing product demand, while adapting to the sustainability trends and to expand their in the global market.
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Major Companies in the Market Include: Sundow Polymers Co. Ltd., Covestro AG, Lanxess, TOSOH Corporation, Zenith Rubber, BGK GmbH Endlosband, Pidilite Industries, The 3M Company, Denka Company Limited, TuHuang Chemical Co., Shanxi Synthetic Rubber Group Co Ltd., Canada Rubber Group, ACRO Industries
Detailed Segmentation in Our Report:
For the purpose of this report, global neoprene market has been segmented on the basis of product, manufacturing route, grade, end-use and region:
Product Outlook (Revenue, USD Billion; 2019-2030)
- Neoprene Sponge or Foam
- Neoprene Sheet
- Neoprene Latex
Manufacturing Route Outlook (Revenue, USD Billion; 2019-2030)
- Butadiene Route
- Acetylene Route
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Grade Outlook (Revenue, USD Billion; 2019-2030)
- General-Purpose Grade Neoprene
- Pre-Cross linked Grade Neoprene
- Sulfur-Modified Grade Neoprene
- Slow Crystallizing Grade Neoprene
End-Use Outlook (Revenue, USD Billion; 2019-2030)
- Automotive
- Medical
- Electrical Electronics
- Building Construction
- Textiles
- Others
Regional Analysis covers:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East Africa
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